Reported by The Guardian Business · theguardian.com · September 3, 2026
Semi-conductor giant bets that support for open AI models could offset potential slowdown in demand for chips Nvidia will buy the popular developer platform Hugging Face for nearly $13bn, betting that support for open AI models could offset a potential slowdown in demand for the
What to watch: NVIDIA Corp. (NVDA) is involved in M&A activity valued around $12.9 billion — deal terms and financing structure matter more than the headline here.
Market reaction today: $NVDA +0.84%
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